Saving Taxpaye Saving Taxpayers: s: How to How to Sav Save Taxp - - PDF document

▶
saving taxpaye saving taxpayers s
SMART_READER_LITE
LIVE PREVIEW

Saving Taxpaye Saving Taxpayers: s: How to How to Sav Save Taxp - - PDF document

Feb 11, 2023 222 likes •335 views

Saving Taxpaye Saving Taxpayers: s: How to How to Sav Save Taxp Taxpayers and and Bu Build an Unst an Unstop oppable Tax Practice! Tax Prac Eric L. Green, Esq. 1 Eric Green, Esq. Managing partner in Green & Sklarz LLC, a

slide-1
SLIDE 1

Saving Taxpaye Saving Taxpayers: s:

Eric L. Green, Esq.

How to How to Sav Save Taxp Taxpayers and and Bu Build an Unst an Unstop

  • ppable

Tax Prac Tax Practice!

2 Saving Taxpayers

Managing partner in Green & Sklarz LLC, a boutique tax firm with offices in Connecticut and New York.

Focus is civil and criminal taxpayer representation before the Department of Justice Tax Division, Internal Revenue Service and state Departments of Revenue Services.

Has served as a columnist for CCH’s Journal of Practice & Procedure.

Attorney Green is the past Chair of the Executive Committee of the Connecticut Bar Association’s Tax Section.

Eric is a Fellow of the American College of Tax Counsel (“ACTC”).

Eric Green, Esq.

3 Saving Taxpayers

Eric is the host of the weekly Tax Rep Network Podcast, available in ITunes, Apple Podcasts and Google Podcasts

Eric is the founder of Tax Rep Network, an online community designed to help tax professionals build their IRS Representation Practice

He is the author of the Accountant’s Guide to IRS Collection and the Accountant’s Guide to Resolving Tax Issues

Eric Green, Esq.

1 2 3

slide-2
SLIDE 2

4 Saving Taxpayers

 4 Attendance Check Words  Write them down (download the word document)  Look for an email with link  Complete your info and the 4 attendance check words  Certificate will be emailed to you

CPE

5 Saving Taxpayers

 The need is there  The help is not  This is where the life saving Tax Rep professional comes in  “S**ts gonna get real” – Why the IRS believes Collection will

explode: look at streamlined agreements: Pre 2012: 25K over 60 months 2012: $50,000 over 72 months 2016: $100,000 over 84 months (ACS only) 3/31/2020: $250,000 over CSED (ACS only)

You need to get attention…

6 Saving Taxpayers

The Stats…

4 5 6

slide-3
SLIDE 3

7 Saving Taxpayers

Non‐Filers

More than 10 million IRS announcing a new initiative to go after them

8 Saving Taxpayers

Government will know about more!

Hint: Listen to this week’s Tax Rep Network Podcast with Kristina O’Connell!

9 Saving Taxpayers

One‐Third Of Americans Can’t Pay

7 8 9

slide-4
SLIDE 4

10 Saving Taxpayers

So What’s Changed

More than 7 million IRS announcing a new initiative to go after them

  • I learned to do this from the IRS and

Senior Partners

  • Tax Rep is there to back you up –

you’re not alone!

11 Saving Taxpayers

How do we help?

 Audit or Collection?  If its an audit, get retained ($) and roll up your sleeves  If it’s a collection case, (a) is the liability correct, and if so (2) we deal with it

So the Phone Rings…

12 Saving Taxpayers

Consultation

More than 7 million IRS announcing a new initiative to go after them

  • Charge the fee
  • Listen, believe but verify
  • Lay out the steps (see prior slide)
  • Get retained
  • Average fees for a non-filer case per

TRN Members in 2018: $17,800!

10 11 12

slide-5
SLIDE 5

13 Saving Taxpayers

 75% of audits are done via correspondence  Need for professionals going up not down  Make it dummy proof (exhibits, audit workpapers,

etc)

 Prepare to appeals (TP files in US Tax Court Pro

Se), sent to Appeals (IRM 8.4.1.4, Revenue Procedure 87‐24)

If its an Audit

14 Saving Taxpayers

More than 7 million IRS announcing a new initiative to go after them

Don’t Owe it?

  • DATL
  • Audit Reconsideration
  • Pay and seek a refund

15 Saving Taxpayers

 Tax Assessed  10 Year Collection Statute starts  Billing Notice (Resolve with FTA/IA?)  Threat To Levy  Final Notice  Collection Appeal  Resolved

The IRS Collection Process

13 14 15

slide-6
SLIDE 6

16 Saving Taxpayers

 Uncollectible  Installment Agreement

~ Regular, PPIA or Streamlined (Field or ACS) ‐ $250,000 Non‐Streamlined

 Offer‐in‐Compromise

  • a. Deferred Short‐Term
  • b. Lump Sum
  • c. ETA or DCSC

 Bankruptcy

Collection Alternatives

17 Saving Taxpayers

 TRN Marketing Approach  Our videos  Our monthly calls  Bottom line….People Need to Know

You Do This!

Finding Clients

18 Saving Taxpayers

Resources

Resources: Tax Rep Network: www.TaxRepLLC.com and use TAXREPNOW Tax Help Software: https://www.taxhelpsoftware.com/ ~ 14 day free trial: TAXREPTRIAL ~ 10% discount: TAXREP10 Call Enq: https://callenq.com/trn/ ~ (200 min for $19.97)

16 17 18

slide-7
SLIDE 7

19 Saving Taxpayers

Use Discount Code GS10 and save 10%

  • n any or all of the

books! www.TGPublish.com

CPA Academy Special!

The Biggest Tax Screw Ups

Learn from Cases I Screwed Up, So You Won’t

July 13, 2020 | 1pm – 4pm Eastern | via Live Webinar

Brilliant people watch others make the mistake and avoid it altogether…

LET’S BE BRILLIANT! REGISTER TODAY FOR EARLY BIRD $99

Early Bird ends 7/9 Midnight, then $149 Join us for this very entertaining and enlightening three‐hour special workshop where Tax Attorney and National Speaker Eric Green will walk you through the cases he has screwed up the worst in the last 23 years, the lessons you should take from and how to apply those lessons when you have cases in your office. During the program Eric will review the client situation, what he did and review what should have happened.

CLICK HERE TO REGISTER NOW

Or copy and paste this link: https://t //taxrepllc.c .com/p /program‐ 2020 202007 0713‐big biggest‐ta tax‐sc screw‐up ups/ s/ Due to the in-depth nature of this workshop, attendance is limited to 100 attendees so all attendee questions can be answered.

How to Win an Innocent Spouse Case: The Workshop

July 21, 2020 | 1pm – 5pm Eastern | via Live Webinar An In-Depth HOW-TO from Start to Finish! REGISTER TODAY FOR EARLY BIRD $199

Early Bird ends 7/16 Midnight, then $299 Join Eric Green as he walks you through the innocent spouse case from start to finish. The program will review joint liability, what practitioners should consider BEFORE they file the return, and what to do with the client that now owes a liability they do not believe they should be responsible for. The workshop will also review how to document your client’s case, how to complete Form 8857, and how to prepare and handle the Appeal.

CLICK HERE TO REGISTER NOW

Or copy and paste this link: https://taxrepllc.com/program‐ 20200721‐innocent‐spouse‐workshop/ Due to the in-depth nature of this workshop, attendance is limited to 100 attendees so all attendee questions can be answered.

19 20 21

slide-8
SLIDE 8

Tax Rep - Don’t Take Our Word For It

  • “I joined TRN because I realized I needed a

new revenue stream outside of tax season. I got trained as a tax resolution specialist. I’ve been able to really grow my practice and help

  • clients. I’ve probably increased my revenue

now by $150,000 as a solo practitioner. Without TRN and Eric Green’s help, none of that would have been possible.” --Patrick Wanzer, CPA

Tax Rep Network Members Say

  • Anthony Delucia – “Eric, I took your advice and started my IRS

representation practice after the course. Without any further advertising other than adding “IRS Representation Practice” to my sign, I added an immediate $18,000 to my billings on just a few client matters. Marketing to my own clients added more than $140,000 in income by the end of the first year! The workshop is straightforward and easy to follow, my only regret being that I did not do this sooner. Thank you!”

  • Anthony sold his 1040 practice after 4 years and now only consults

in financial planning and representation matters.

Workshop Special

  • Join Tax Rep Today
  • Use TAXREPNOW
  • Save $100 a month for the first 3

months for our Gold Level Membership (includes everything)

22 23 24

slide-9
SLIDE 9

25 Saving Taxpayers

Questions

25